Lynn Hobbie
On February 21, 2025, Lynn Hobbie, who is Executive Vice President – Marketing and Communications of Madison Gas and Electric Company (the "Company"), informed the Company that she plans to retire by the end of 2025.
Highest-materiality recent filing
MGE Energy launches public offering of 3.3M shares; forward sale at $72.9094
Total offering 3,300,331 shares: 990,099 shares sold directly, 2,310,232 via forward sale agreements.
MGE Energy Q1 2026 EPS $1.32 beats $1.14 YoY; net income $48.5M
Net income $48.5M vs $41.6M YoY; diluted EPS $1.32 vs $1.14 (up 16%).
MGE Energy reports 2025 EPS of $3.72 vs $3.33 prior year; renewable projects boost electric segment
Full-year GAAP EPS $3.72, net income $135.9M, vs $3.33 per share / $120.6M in 2024.
MGE Energy files $100M at-the-market equity offering via Guggenheim and Morgan Stanley
Equity Distribution Agreement with Guggenheim Securities and Morgan Stanley to sell up to $100M of common stock.
MGE Energy Q3 EPS $1.22, up from $1.13 YoY; revenue $175.7M
GAAP EPS $1.22, net income $44.5M, vs $1.13/$40.9M in Q3 2024.
MGE Energy raises quarterly dividend 5.6% to $0.475, 50th consecutive year increase
Quarterly dividend increased to $0.4750 per share (annualized $1.90), payable Sept 15 to holders of record Sept 1.
MGE Energy Q2 2025 GAAP EPS $0.73 vs $0.66 YoY; revenue up 9.4%
Net income $26.5M ($0.73 diluted EPS) vs $23.8M ($0.66) in Q2 2024.
MGE Energy Q1 GAAP EPS $1.14, up 23% YoY; revenue $219M
Net income $41.6M ($1.14 diluted EPS) vs $33.8M ($0.93) in Q1 2024.
MGE Energy full-year 2024 EPS $3.33, up from $3.25; net income $120.6M
Full-year net income $120.6M vs $117.7M in 2023; diluted EPS $3.33 vs $3.25.
MGE Energy Q3 2024 EPS $1.13, up 7.6% YoY; electric earnings rise on rate base growth
GAAP net income $40.9M ($1.13/diluted EPS) vs $37.9M ($1.05) in Q3 2023.
MGE Energy raises quarterly dividend 5.3% to $0.45, 49th consecutive annual increase
Quarterly dividend increased to $0.45 per share (annualized $1.80 from $1.71).
MGE Energy Q2 EPS $0.66 vs $0.79 YoY; net income down 17%
GAAP EPS $0.66, down from $0.79; net income $23.8M vs $28.7M.
MGE Energy Q1 2024 EPS $0.93 vs $0.86 YoY; net income $33.8M
GAAP EPS $0.93, up 8% from $0.86 in Q1 2023; net income $33.8M vs $31.1M.
On February 21, 2025, Lynn Hobbie, who is Executive Vice President – Marketing and Communications of Madison Gas and Electric Company (the "Company"), informed the Company that she plans to retire by the end of 2025.
Max materiality 0.70 · Median 0.45 · Most common event other_material